Azerbaijan And Turkey Boost BTC With Signing Of Shah Deniz Gas Deal

In a development that can be read as a further boost to the proposed Baku-Tbilisi-Ceyhan crude pipeline, Turkey and Azerbaijan on 12 March signed an Intergovernmental Agreement and a Sale and Purchase Agreement covering natural gas from Azerbaijans offshore Shah Deniz gasfield. The accords were signed in Ankara and witnessed by Turkish President Ahmet Necdet Sezer and Azerbaijani President...